A very small surplus will glut the market. The moment there is a surplus. if it be as one to a thousand. it affects the price of the entire crop. The surplus dumped from foreign pauper markets is the great bane of our industries. It is this dump that we want to stop. it is protection against this dump that the protective system seeks to accomplish. and by avoiding the spasmodic glut assure stability and prevent the periodical crisis and stagnation that destroy the plant. and after the plant is destroyed the worlds supply is lessened. but the demand goes on. prices again rise to an abnormal degree. and then it is that the consumer is truly robbed by the foreign monopolist. Protection. it has been said. raises the prices of commodities.
Keywords matched
foreign pauper